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Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Earnings Per Share, Diluted $ 2.20 $ 0.33
Net sales $ 930.5 $ 723.8
Cost of goods sold 674.0 558.1
Gross profit 256.5 165.7
Operating Expenses:    
Selling, general and administrative expenses 145.3 131.1
Losses (gains) and other expenses, net 0.3 (1.0)
Restructuring charges (0.1) (0.5)
Loss from natural disasters, net of insurance recoveries 0.0 (1.6)
Income from equity method investments (3.3) (2.9)
Operating income 114.1 36.4
Interest expense, net 6.0 8.7
Other expense (income), net 1.0 1.2
Pension settlement 0.7 0.0
Income from continuing operations before income taxes 106.4 26.5
Provision for income taxes 22.2 14.0
Income from continuing operations 84.2 12.5
Discontinued Operations:    
Loss from discontinued operations before income taxes 0.0 0.0
Income tax benefit 0.0 (0.4)
Income from discontinued operations 0.0 0.4
Net income $ 84.2 $ 12.9
Earnings per share – Basic:    
Income from continuing operations (in dollars per share) $ 2.22 $ 0.33
Loss from discontinued operations (in dollars per share) 0 0.01
Net income (in dollars per share) 2.22 0.34
Earnings per share – Diluted:    
Income from continuing operations (in dollars per share) 2.20 0.32
Loss from discontinued operations (in dollars per share) 0 0.01
Net income (in dollars per share) $ 2.20 $ 0.33